Aging of Receivables Schedule July 31 Not 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due Past Due Over 90 Days Past Due Customer Balance 220,000 115,000 85,000 30,000 1,050,000 600,000 Subtotals 36,000 Boyd Industries 36,000 11.500 11,500 Hodges Company Kent Creek Inc. 6,600 6,600 Lockwood Company 7,400 7.400 13,000 13,000 Van Epps Company 233,000 121,600 96.500 1,124,500 607,400 66,000 Totals 75% 3096 19 39 Percentage uncollectible 12% 14,592 28.950 49,500 106,105 6,074 6.990 Allowance for Doubtful Accounts Assume that the town for double accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31 Journalize the adjusting entry for uncollectible accounts as of July 3 fan amount box does not require an entry leave it blank